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S K S Textiles (NSE:SKSTEXTILE) Accounts Receivable : ₹464 Mil (As of Mar. 2020)


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What is S K S Textiles Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. S K S Textiles's accounts receivables for the quarter that ended in Mar. 2020 was ₹464 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. S K S Textiles's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was ₹-86.96.


S K S Textiles Accounts Receivable Historical Data

The historical data trend for S K S Textiles's Accounts Receivable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

S K S Textiles Accounts Receivable Chart

S K S Textiles Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Accounts Receivable
Get a 7-Day Free Trial 376.82 338.09 415.53 356.29 464.15

S K S Textiles Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar20
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 427.86 415.53 540.18 356.29 464.15

S K S Textiles Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


S K S Textiles Accounts Receivable Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's accounts receivables are being managed.

S K S Textiles's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=464.146/0*91
=

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), S K S Textiles's accounts receivable are only considered to be worth 75% of book value:

S K S Textiles's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(18.157+0.75 * 464.146+0.5 * 557.004-928.194
-0-0)/3.25944
=-86.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


S K S Textiles Accounts Receivable Related Terms

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S K S Textiles Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Senapati Bapat Marg, Gala No. 431, Keval Industrial Estate, 4th Floor, Lower Parel West, Mumbai, MH, IND, 400013
S K S Textiles Ltd is a textile company. It is engaged in the business of textile manufacturing and trading. The company manufactures grey fabrics and finished fabrics for shirting, suiting, and other accessories for its own brand and for other garment companies.

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